2180 Thurmont Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2180 Thurmont Rd
14 Unit Block of Flats £1,095,430 (£78,245/Unit) 6.88% Net Initial Yield Akron, OH 44313
Investment Highlights
- 14 Townhome Style Apartments
- Large Units, Great Unit Mix
Executive Summary
Proud to present 14 townhome style units for sale. Great opportunity with three stabilized buildings, 100% occupied, located in Northwest Akron on the boarder of Fairlawn near Sandrun Park. Residents enjoy on-site parking/individual garage spaces, in-suite laundry, many interior updates and great access to W. Market St. The property has undergone significant renovations over the past several years. Property can cash flow day 1 and has potential upside through continued interior improvements, RUBS utility bill back program, and simply bringing current rents to market. 14 units have undergone full interior renovations; new kitchens, new full and half bathrooms. Unit Mix Breakdown 5 – 4bd, 9 – 3bd.
Property Facts
| Price | £1,095,430 | Building Class | C |
| Price Per Unit | £78,245 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 16,404 SF |
| Net Initial Yield | 6.88% | Average Occupancy | 100% |
| No. Units | 14 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 3.77/1,000 SF |
| Apartment Style | Townhome |
| Price | £1,095,430 |
| Price Per Unit | £78,245 |
| Sale Type | Investment |
| Net Initial Yield | 6.88% |
| No. Units | 14 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 16,404 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1966 |
| Parking Ratio | 3.77/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Washer/Dryer Hookup
- Basement
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+1.5 | 9 | - | 1,100 |
| 4+1.5 | 5 | - | 1,300 |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £331,946 | |
| Land Assessment | £68,153 | Total Assessment | £400,099 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£68,153
Improvements Assessment
£331,946
Total Assessment
£400,099
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2180 Thurmont Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.